Renewable Energy

Australian oil as well as gas significant Origin Energy Limited (Origin) has actually introduced it means to carry out a preliminary on-market share buy-back of $250 million. The share buy-back is expected to commence in April 2022.

His firm Squadron Energy has acquired Clarke Creek project to establish wind, solar and also battery farms in central Queensland.

The flurry of recent news in the battery storage room suggest the sharp uptrend for the market to come. Among other things, technology is looking past Lithium Ion batteries, and Sodium-Ion in particular has actually been in focus. Sandeep Maharia of Oorjan weighs in.

The Department of Energy has granted $2 million to NREL to develop a prototype CSP system that can harness energy potentials of molten salts. This is the very first time that the federal government is leveraging the energy storing power of molten salts; besides proceeding research on particles.

Risen Energy has accepted purchase 15 GW HJT cell and module manufacturing facility in Ningbo Glass manufacturer Jinjing Technology expects approximately 323% net profit growth in 2021

Risen Energy has actually accepted purchase 15 GW HJT cell as well as module factory in Ningbo Glass manufacturer Jinjing Technology anticipates as much as 323% net profit growth in 2021

Global floating photovoltaic panels market, approximated at 1.6 GW in 2021, is projected to get to 4.8 GW by 2026, discovers a new research published by research study company Global Industry Analysts (GIA).

California-based Nitricity has actually produced a speculative activator that produces affordable as well as environmental nitrogen fertilizers using solar energy. Their on-site fertilizer manufacturing eliminates the emissions of fertilizer transport as well as gives a sustainable alternative to the Haber-Bosch process, which makes use of fossil fuels to take care of nitrogen.

The French govt plans to have 20-40% of overall hydrogen consumption sourced from low-carbon and eco-friendly hydrogen by 2030. The UAE aims to sustain domestic decarbonisation with hydrogen whilst additionally becoming an essential worldwide export center of the clean energy service provider by targeting a 25% market share by 2030.

Turkey has actually invited bids for a 1.5 GW solar tender for the 5th auction round of its Yenilenebilir Enerji Kaynak Alanları (YEKA) renewable resource program, the submission of which needs to be done on January 12, 2022.

British company Xlinks is developing a 10.5 GW solar-plus-wind project, incorporated with a battery storage center, in Morocco's Guelmim Oued Noun area. Of the created quantity, 3.6 GW renewable energy will be supplied to the UK via the globe's longest subsea cables.

US development and investment firm LS Power has today introduced the production of Rev Renewable LLC, a brand-new firm focused on the advancement, purchase and procedure of energy storage and eco-friendly projects.

French-Italian semiconductor producing firm STMicroelectronics has actually announced that its Bouskoura site in Morocco will certainly obtain 50% of its energy from renewable resources by 2022 compared to 1% in 2020, as part of its activity strategy to accomplish carbon-neutrality by 2027.

The Stubbo Solar Farm and Battery project will be integrated in the Central West-Orana Renewable Energy Zone, Australia. It will include 800,000 single-axis tracking solar modules and a battery energy storage system.

On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has today announced $15 million in funding to RayGen Resources Pty Ltd (RayGen) to construct its very first of a kind 'solar hydro' nuclear power plant making up 4 MW of solar PV generation and 3 MW/ 50 MWh (17 hours) of dispatchable storage ability in north-west Victoria.